How to Spend Money to Buy Happiness

Learn the economics of satisfaction, according to psychology.
Our earliest lessons in life include that money can't buy happiness. But is that completely correct?

We explore tactics to change your spending that can boost your mood on both a daily level and additionally build a longer-term sense of content satisfaction. Learning how to escape the nudges of advertising and society's expectations of spending and instead live in line with your values and priorities.

Everyone has different needs and is operating on different levels. These rules help you learn to experiment to find what will work for you and build your own answers to important questions that can improve the quality of your life.


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Recommended Resources


Upside of Irrationality - Daniel Ariely


Psychology of Money - Morgan Housel


National Park Rescue - Wildlife preservation charity



Related Episodes


Money Traps: Cognitive Biases affecting your finances - 19th May 2024



14 Habits Keeping You Poor: How the brain learns - 40th April 2023



Doing the Difficult Thing: Dr Niall McCann - Director National Park Rescue - 13th June 2019





Meet Sam

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Growth Mindset Psychology:
Sam Webster explores the psychology of happiness, satisfaction, purpose, and growth through the lens of self-improvement.


Watch - YouTube (Growth Mindset)



Website - GrowthMindsetPodcast.com




Chapters:
00:00 The Debate: Can Money Buy Happiness?
02:19 Exploring the Psychology of Money and Happiness
04:25 #1: Spend on Experiences, Not Things
08:09 #2: Invest in Relationships
10:15 #3: Prioritize Health
12:30 #4: Buy Time to Reduce Stress
15:41 # 5: Make Smaller, Frequent Purchases
18:27 #6 Don't Sweat the Small Stuff
21:35 #7 Delaying Gratification to Build Anticipation
24:06 #8 Investing in Yourself
25:53 #9 Spending on Enabling Activities
27:30 #10 Give Back to Others & Charity
29:49 #Bonus - Exploring Novel & Weird Spending Habits
33:43 Note - The Influence of Personal History and Social Dynamics
35:19 Conclusion - Aligning Spending with Values
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